Credit: Shutterstock photoTurkey continues to face mounting pressure on its bonds, which has caused the country to replace Argentina as the worst performer for bond investors, according to a report by Bloomberg. Lira-denominated bonds have fallen 38% year-to-date and 8% within a week. The benchmark Turkey 10-year bond yield has risen by over 55% since May to [...] Read more on ETFtrends.com.
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This article was provided by our partner Tom Lydon of etftrends.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.